TOZZIBLINKZ
VIP Contributor
Absolutely yes, it is possible to engage in passive income methods on a part-time basis. Some examples of passive income methods include investing in dividend-paying stocks, rental properties, and creating and selling an information product such as an e-book or online course. However, it's important to note that some passive income streams may require more upfront time and effort to set up, while others may require ongoing maintenance to keep them running. Additionally, the amount of passive income one can earn will depend on factors such as the specific method chosen and the amount of capital invested. There are many ways to earn passive income on a part-time basis, including:
*Investing in dividend-paying stocks or index funds.
*Renting out a room or property on Airbnb or VRBO.
*Starting an online store and dropshipping products.
*Investing in peer-to-peer lending platforms like Lending Club or Prosper.
*Creating and selling digital products, such as e-books or courses.
*Building a website or blog and earning money through advertising or affiliate marketing.
*Investing in a turnkey real estate property.
*Buying and holding rental properties.
*Creating and selling a mobile app or game.
*Investing in a franchise opportunity.
It's advised to note that these methods may require some initial effort and investment, but once established, they can provide a steady stream of passive income.
*Investing in dividend-paying stocks or index funds.
*Renting out a room or property on Airbnb or VRBO.
*Starting an online store and dropshipping products.
*Investing in peer-to-peer lending platforms like Lending Club or Prosper.
*Creating and selling digital products, such as e-books or courses.
*Building a website or blog and earning money through advertising or affiliate marketing.
*Investing in a turnkey real estate property.
*Buying and holding rental properties.
*Creating and selling a mobile app or game.
*Investing in a franchise opportunity.
It's advised to note that these methods may require some initial effort and investment, but once established, they can provide a steady stream of passive income.